Hi, Bitcoiners I am working a new way to gift bitcoin to no-coiners. I have come up with a landing page so far:
https://www.giftbitcoin.app/Problem:
The current ways to gift bitcoin are not great. They either require kyc
or the gift recipient to download a wallet.
Solution:
I am prototyping a web app that lets a gifter load btc into a local-browser based wallet and send the gift recipient a digital giftcard that lets them then redeem the bitcoin.
They would then be able to setup a wallet (if they wish) , buy an amazon giftcard, swap for another crypto etc. It would be a browser based wallet so I will be able to walk the user through whatever they choose to do with the btc with the gui.
My goal is to be the
easiest way to gift btc without app download or kyc causing friction in the process.
How You Can Help:
I have done research into past examples of non-custodial bitcoin gifting apps, but I wasn't able to find any. If y'all know of any I would love to hear about them. I would also love to hear any feedback, questions, or concerns about my idea that you have. Thank you for taking the time to read my project announcement.
I am happy to see people trying to find different ways on to use Bitcoin and how to spread that coin happiness to others. So kudos to you!
However you must forgive me but your proposal seems like a lot of mental gymnastics to come to the same result as giving someone the seed phrase to a wallet with the gifted Bitcoin on it?
Either way they will have to download either a wallet, or on this case, your app? And you do not need KYC for Bitcoin wallets so that argument makes no sense.
Really anything they want to do they already can do without your app. Perhaps your apps use case should be that it simplifies the process? So instead of going to multiple places to do things with their coin (trading, buying amazon giftcards, etc.), they can outsource it all to one app?